Funding you earn now, next payment 07:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h +0.033%
Price spread now: Nado against Aster−0.043%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 3 days (all we have)+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.043%, 7d avg −0.013%
=Together, before fees+0.102%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.030% cheaper against Aster than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.013%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.035% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 742.27 | 0 | get 0.0000% / 8h | 1h 52m | $823K | $858K | 20x |
| Short | Nado QQQ-PERP | 741.95 | 0.0144 | get 0.0018% / 1h | 52m 27s | $1.5M | $749K | 20x |
Aster QQQUSDT
Nado QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $30.3
- Price spread: −0.043% → −0.013%
- −$2.99
- Slippage, 4 orders
- −$5.13
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $7.17
- Costs to cover
- 0.201%
- Break-even
- 5.3 days
Slippage from Aster: live order book, 55 min ago; Nado: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 55 min ago | 0.88 bp | 5.5 bp −$6 | 5.8 bp −$58 | 26.7 bp −$2,673 | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.07 bp | 4.0 bp −$4 | 6.5 bp −$65 | 86.3 bp −$8,629 | doesn't fit |
QQQ on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0155% / S +0.0248% | 1h | 742.39 | +0.017% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0026% | 1h | 741.13 | −0.153% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 742.27 | long leg | $823K | $858K | 20x | |
| Binance QQQUSDT | 0.0000% | 8h | 742.32 | +0.006% | $70.2M | $145.5M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.31 | +0.006% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.02 | −0.033% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.21 | −0.007% | $5.4M | $6.3M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.72 | −0.074% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.38 | +0.015% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.21 | −0.008% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.88 | +0.083% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.60 | +0.045% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.49 | +0.030% | $365K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.73 | −0.072% | $1.2M | $551K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0029% | 8h | 742.05 | −0.029% | $1.1M | $278K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.12 | −0.020% | $7.6M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.47 | +0.027% | $36.9M | $79.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.45 | −0.110% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.16 | +0.120% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0087% | 1h | 742.08 | −0.025% | $424K | $153K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.89 | −0.051% | $3.4M | $352K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.98 | −0.039% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.06 | −0.028% | $12K | $21K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0103% | 8h | 742.52 | +0.034% | $318K | $2.0M | 10x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.60 | −0.090% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERPshort | +0.0144% | 1h | 741.95 | −0.043% | $1.5M | $749K | 20x | |
| Phoenix QQQ | +0.0205% | 1h | 741.83 | −0.059% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0941% | 4h | 742.24 | −0.003% | $759K | $334K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
GRVT QQQ_USDT_Perp
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC